You are buying a factory for $250,000 by paying 20% as a down payment, therefore financing $200,000 of the factory. The mortgage will be paid off over 30 years at a 12% interest rate. With the data provided above, the amount of you first payment that goes towards interest is:

None of these selections are correct

$0.00

$199,171.27

$828.73

$24,000.00